The surge in Bitcoin and altcoins like ZEC and HYPE highlights growing institutional interest and regulatory acceptance, reshaping crypto markets. Bitcoin surges past $81K as HYPE and ZEC hit new all-time highs.
Vertiv and Schneider Electric both posted blockbuster AI-driven growth, but their earnings tell two very different stories about where the real money gets made in the data center cooling race.
Stock futures are mixed ahead of fresh labor market data due this morning; the August jobs report will factor into the Fed's decision later this month on interest rates; auto safety regulators said they're looking into Tesla's cybercab after a launch event yesterday; Lululemon shares are plunging after the retailer lowered its outlook; and Adobe named a new CEO. Here's what you need to know today.
Credo Technologies NASDAQ: CRDO was a value before its earnings release and a deep value afterward, given its position in the AI ecosystem. Its growing portfolio spans needs from millimeters to kilometers, encompassing copper and optical solutions, at a time when connectivity is king.
Guidewire Software, Inc. stock reacted negatively to the company's fiscal Q4 results. Overall revenue growth slowed down significantly, but GWRE's cloud momentum remains similar underneath. PricingCenter and ProNavigator have attracted a number of new deals. GWRE's ARR and earnings momentum are guided to remain consistent in FY2027, albeit the Q1 ARR guidance is quite subdued.
El Salvador's Bitcoin strategy, validated by IMF, highlights the complex balance between crypto integration and adherence to international financial norms. IMF updates assessment, confirms El Salvador's Bitcoin additions came from donations.
The Procter & Gamble Company remains a well-run business, but its shares are unattractive at 21.15x FY27 EPS with only 1.3% expected growth. Procter & Gamble's 2.95% dividend yield is now less compelling than risk-free Treasuries, with slowing dividend growth and limited capital appreciation prospects. Fiscal 2027 guidance calls for 1–3% organic sales growth and 1.5% core EPS growth, with significant cost headwinds and Q1 EPS expected down 5%+.
Docusign remains a critical enterprise utility, rebounding post-Q2 with better-than-expected growth and strong operating margins. DOCU excels in multi-product platform sales, enriching margins and generating robust earnings and free cash flow. Despite lacking novel AI features, DOCU's indispensable role in modern workflows and potential for consumption-based pricing drive its investment appeal.
Alphabet just came off its longest monthly losing streak in over a decade, and a massive capital spending bet has free cash flow running negative.
A year ago the fund claimed the total had not moved, and that the reserve was only shuffling coins between government wallets.
Zcash has crossed the $1,000 threshold after another explosive move, extending a recovery that looked highly uncertain only a few months ago. On September 4, ZEC traded above $1,010, with the most recent daily candle rising by about 6%.
USD/CHF price outlook: US Dollar/Swiss Franc rejects failed arc breakout
EQT has agreed to buy a majority stake in insurance broker McGill and Partners for $2 billion, the Swedish investment group said.
Strategy surged 18% to lead the Nasdaq on Thursday, yet its shareholders are sitting on a loss that dwarfs bitcoin's own slide over the past year.
Chevron has raised its dividend 39 straight years, but the real test was never a bull market in crude.
Bitcoin cleared $81,309 before easing toward $81,060, breaking the resistance that had capped its late-August rally while broader crypto markets also advanced. Privacy coins led the surge, with Dash up 19.24%, Zcash gaining 16.55% and Monero rising 5.89% over 24 hours without an obvious catalyst.
Smith & Wesson is upgraded from 'hold' to 'buy' following a strong Q1 FY2027 and attractive valuation. Q1 revenue surged 32.3% year over year, driven by robust handgun and long gun demand, innovation, and favorable product mix. Recent NICS background check data and management commentary indicate strengthening end-user demand and successful new product introductions.
Zscaler, Inc. delivered strong Q4 results, with 25% YoY revenue growth and a record non-GAAP operating margin, but guides for decelerating growth in fiscal 2027. ZS trades at a historically low forward P/E of ~36x, offering relative value, yet it lacks the explosive AI-driven growth seen in leading cybersecurity peers. Large-deal activity surged, with Fortune 500 penetration reaching 50% and net retention rate at 115%, indicating solid enterprise adoption and expansion.
The massive XRP price rally seen last month was accompanied by a sharp rebound in its trading activities across all major exchanges, driving a notable surge in its spot trading volume during the month.
The leading edge of 70 million baby boomers just started turning 80, and new senior housing construction sits at record lows.
JP Morgan has reiterated its overweight rating on Prudential PLC (LSE:PRU), saying the negative market reaction to the insurer's first-half results was overdone. The bank said concerns over first-half new business profit growth and the outlook for Mainland China Visitor business in Hong Kong after Decree 837 tax changes were understandable.
As advisors and experienced fixed income investors know, bond prices and yields move inversely to one another, meaning that when yields are high, prices have slipped. This may have some investors worried about buying bonds when yields are elevated, and it's certainly a valid concern in today's Treasury market.
For years, investors buying international stocks have battled two problems: American markets outperforming and a dollar that kept climbing. New moves by the U.S. Treasury suggest the second problem may not stick around forever.
ETF Surge: Bitcoin ETF inflows hit $730.9 million, the strongest daily total since January, led by IBIT's $454 million haul. Price Recovery: Bitcoin climbed above $81,000 as traders closed short positions, with BTC trading near $80,991 and market cap at $1.63 trillion.
Hochschild Mining LON: HOC reported what management described as its strongest-ever half-year financial performance, supported by higher gold and silver prices, cash generation from its Peruvian and Argentine operations, and progress in restoring operational capacity at its Mara Rosa mine in Brazil.
Ethereum price rebounded nearly 6% from its 24-hour low to trade near $2,524 on Sept. 4, but the recovery has brought ETH back to a resistance zone that has rejected several breakout attempts.
The United States' top automotive safety regulator has opened an investigation into Tesla decision to launch its new Cybercab on public roads with no steering wheel or pedals.
Accelerant Holdings NYSE: ARX jumped into view for investors in mid-August after its shares surged 43% in a single day. This type of share price leap is often reserved for clinical-stage biotech firms announcing breakthrough results, for instance, not for an unglamorous firm connecting specialty insurance risk across a network of capital providers.
Sometimes a company can be growing sales, have an interesting product portfolio, and still end up on the wrong side of the Zacks Rank. That's because our rank is based on what analysts are doing with their estimates compared to other stocks out there in the universe.
After transitioning from a crypto miner to an AI company, things are looking good.